Maritime & Logistics Weekly – Week # 30. EU concludes largest FTA with Japan. Seoul, Beijing and Tokyo aid shipbuilders. China to leverage a new Hyperloop deal. And more insights


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27 July 2018


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Greetings from Maritime & Logistics Weekly, a newsletter published by Apex Group for the global maritime and logistics ecosystem.

Our editorial board comprising reputed maritime, logistics, and media leaders curates key maritime news and analysis across the seven segments of the maritime and logistics ecosystem, once a week to support you in making informed decisions in the week ahead.

Over 12000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime & Logistics Weekly. Key news items for each industry sector, are available at our website www.maritime-weekly.com

What is topical this week

Global Trade & Logistics – On an optimistic note, the European Union has concluded the largest ever Free Trade Deal with Japan. Singapore has retained the top spot in shipping development index. Trade wars could disrupt supply chains and impact global growth.

Maritime & Logistics Infrastructure – The tumult around the trade war seems to have had little impact on port development activities. India’s central government has offered to develop a new port in the state of Andhra Pradesh. Manila-headquartered ICTSI has won the preferred bidder status to operate and develop Port Sudan. China Merchants will redevelop the old port at Djibouti.

Multi-modal Connectivity – Multi-modal projects are coming up in different parts of the world at a welcome pace. The city of New York will invest USD 100 Mln in its maritime and rail freight transportation infrastructure. China is looking to further develop the UK-China rail freight traffic. Inland Waterways Authority of India has launched a public outreach program to support the rural economy through waterways.

Shipbuilding, Ship Repair & Recycling – The governments of Seoul, Beijing and Tokyo are providing all the possible support to shipbuilders as the competition deepens. The South Korean shipbuilders have urged the domestic steelmakers to control steel prices. India’s Mazagon Dock may set up a greenfield shipyard at Nhava near JNPT.

Maritime & Logistics Conversations

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Maritime & Logistics Investments – India has invited ASEAN countries to invest in infrastructure projects. The US has approved Gulftainer’s USD 580 Mln investment in the port of Wilmington. India’s youngest state Telengana is expected to see investments in several infrastructure projects including a Logistics Park by Adani Ports.

Free Zone & Logistics World – To help boost trade, DP World and China have concluded an agreement to build a trading cluster in Jebel Ali. The Algeciras port would develop a 120-Ha logistics zone. India’s Allcargo is looking to develop a logistics park in Chennai.

Automation & Training – China is looking to boost high-speed transportation development with a new Hyperloop deal. Toll Group has set up a supply chain technology hub near the Singapore port. Hyundai Merchant Marine (HMM) has joined BoxTech Global Container Database following MSC & Maersk.

Have a great week ahead!
Subhasis


Global Trade & Logistics




EU concluded largest ever Free Trade Deal with Japan

Global Trade Review. 18 July. 7 minute read.

Japan and the European Union have concluded a momentous trade deal that will remove trade barriers benefitting more than 600 million people, affecting almost one-third of global GDP. The agreement needs to be approved by the respective parliaments, and is likely to be implemented in 2019.
Read More



Singapore retains leadership position in shipping development index

Maritime Executive. 19 July. 5 minute read.
Singapore has been ranked first in the International Shipping Centre Development Index for the fifth year in a row. The shipping index, compiled by a Chinese news agency Xinhua and the Baltic Exchange, covers 43 of the world’s largest ports and cities.
Read More



Opinion: Trade wars could disrupt supply chains and impact global growth

Forbes. 19 July. 6 minute read.
The escalating trade war could pose a severe threat to global growth. Increased global tariffs on the auto industry could force automakers to relocate production and increase car prices, since the automotive supply chains are interlinked across regions, having been formed through decades of globalization. Read More

Maritime & Logistics Infrastructure



India’s central government offers to develop new port In the state of Andhra Pradesh

New Indian Express. 14 July. 4 minute read.
The Indian ministry for Shipping, Highways, Road Transport and Water Resources has has offered to develop Vodarevu port in Andhra Pradesh’s Prakasam district. Presently, Andhra Pradesh has one major port — Visakhapatnam — where any further expansion of the port is not possible as the existing port has become a part of the city.
Read More


Manila headquartered ICTSI wins preferred bidder status to operate and develop Port Sudan Terminal
Maritime Executive. 19 July. 2 minute read.
International Container Terminal Services (ICTSI), the Philippines-based port operator has won the preferred-bidder status to operate and develop a Port Sudan terminal. The Sudan Port is the country’s main seaport that handles about 90 percent of its foreign trade and the new terminal will have a capacity of about one million TEU.
Read More


China Merchants to redevelop the old port at Djibouti
JOC.  17 July. 6 minute read.
China Merchants, Beijing’s state-owned corporation, will redevelop the old port of Djibouti. The company has equated its redevelopment plan for Djibouti to the development of southern China’s Shekou and Shenzhen which continues to see intensive port, industrial, and real estate development activities.
Read More



Reach out to over 12000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Multi-modal Connectivity



New York to invest USD 100 Mln in maritime and rail freight transportation program

Maritime Executive. 17 July. 5 minute read.
New York city has unveiled a plan to invest USD 100 million into increase maritime and rail freight transportation in order to reduce congestion from trucks and create new jobs in longshore and vessel operations. Trucking accounts for about 90 percent of freight movement in the city and the city wants to increase the role of waterborne and rail services.
Read More



China is looking to further develop the UK-China rail freight traffic

Rail Magazine. 20 July. 2 minute read.
China plans to scale up the number of freight trains plying between the UK and China which could help improve trade between the two countries. Presently, only one weekly freight train service runs between London and the Chinese city of Yiwu, via Duisburg in Germany.
Read More



Inland Waterways Authority of India launched public outreach to enable rural economy connect through waterways

Marine Link. 19 July. 6 minute read.
The Inland Waterways Authority of India (IWAI) has launched a major public outreach campaign along the coast of the river Ganga with an aim to connect with the rural economy. The ongoing 30-day dialogue series extends from Varanasi in the state of Uttar Pradesh to West Bengal’s Haldia. The state outreach is being attended by people from diverse backgrounds that include NGOs, village committees, farmers, and other local community members.
Read More

Shipbuilding, Ship Repair & Recycling



Seoul, Beijing and Tokyo aid shipbuilders as competition deepens

Hellenic Shipping News. 18 July. 6 minute read.
In the wake of global supply overcapacity and a shrinking market, governments of China, Japan and South Korea are doing all they can to support their shipbuilders. Shipbuilding companies of these three countries together control 90 percent of the global market share and have held their sway on the market since 2010.
Read More



South Korean shipbuilders urge steel manufacturers to freeze steel prices

Maritime Executive. 16 July. 5 minute read.
South Korea’s shipbuilders have urged the country’s steelmakers to not increase the prices of shipbuilding plates until the market improves. The consistent rise in the prices of steal threatens the survival of shipbuilders who are faced with declining orders and increased competition from their Chinese counterparts.
Read More



India’s Mazagon Dock may set up greenfield shipyard at Nava near JNPT


The Hindu Business Line.  8 July. 6 minute read.
India’s biggest warship builder, Mazagon Dock Shipbuilders Ltd (MDL) is mulling plans to set up a greenfield yard at Nhava near JNPT to address the challenge of capacity constraint that the state-run yard is facing currently. MDL can execute only limited number of projects due to lack of space which adversely affects its business and growth plans.
Read More

Maritime and Logistics Conversations

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Maritime & Logistics Investments



India invited ASEAN countries to invest in infrastructure projects


XinhuaNet. 19 July. 3 minute read.
India has invited the ASEAN (Association of Southeast Asian Nations) countries to invest in the former’s infrastructure projects, as the new reforms have opened up new vistas for trade and investments into the country. There are several such opportunities that international investors can avail of in sectors such as smart cities, roads, highways, ports, railways, power and urban infrastructure.
Read More






US approves Gulftainer’s USD 580 Mln investment in port of Wilmington

Marine Log. 18 July. 5 minute read.
The US has given its nod to the UAE-headquartered Gulftainer, the largest independent port operator in the world, to privatize the Port of Wilmington and develop a new container port at Edgemoor. Gulftainer is planning to invest USD 580 million in the port, including about USD 410 million for a new 1.2 million TEU container facility over the next nine years.
Read More





India’s youngest state-Telangana is expected to see investment in Logistics Park, by Adani Ports


Hans India. 19 July. 5 minute read.

India’s leading integrated infrastructure company Adani group has stepped forward to invest in Telangana on a large scale. The conglomerate has proposed to set up a dry port on the Hyderabad-Vijayawada national highway which will link Tamil Nadu and Andhra Pradesh among other big infrastructure development programmes.
Read More


Free Zone & Logistics World





DP World and China concluded agreement to build trading cluster in Jebel Ali


The National. 19 July. 5 minute read.

DP World and Zhejiang China Commodities City Group have joined hands to develop a trading market at the Jebel Ali free zone. The market will be built next to the Dubai Expo 2020 site and will feature goods from sectors including household goods, building materials and food and beverage.
Read More





Port of Algeciras would develop a 120 Ha logistics zone


Port Today. 13 July. 6 minute read.

Spain’s Port Authority of Algeciras and the Public Agency of Andalusian Ports will invest USD 9.3 million in developing a new area for container operations in the San Roque logistics zone. The area will help optimize logistics process, add value to container handling and provide space for additional import and export volumes.
Read More





India’s Allcargo looking to develop logistics park in Chennai

The Hindu. 19 July. 3 minute read.

Allcargo Logistics Ltd, one of India’s leading integrated logistics solutions providers, is looking for land in Chennai to set up a logistics park that will include a container freight station (CFS) and a distribution centre. It needs a land parcel of 25-30 acres which would add to its existing facility spanning 25 acres.
Read More

Automation & Training





China looking to boost high speed transportation development with New Hyperloop deal

Yahoo Finance. 20 July. 6 minute read.

With an aim to boost its high-speed transportation development, China has signed a deal with California-based Hyperloop Transportation Technologies (HTT) to build a hyperloop track China’s Guizhou province. The track would propel cargo-carrying pods a large tube at speeds of 750 miles per hour using magnets, greatly improve transportation time and help reduce automobile congestion in the country.
Read More





Toll Group sets up supply chain technology hub near Singapore port

Port Technology. 20 July. 5 minute read.

Toll Group’s ‘Toll City’, a one-million square foot Singapore logistics hub will pilot new technologies such as automated machine handling, augmented reality and in-warehouse drones to help improve safety and efficiency. The Toll City is located close to the upcoming Tuas Port, which will handle 65 million TEU of cargo every year, and has road links to Malaysia and Singapore’s fast-growing Jurong region.
Read More





Hyundai Merchant Marine (HMM) joined BoxTech Global Container Database after MSC & Maersk

Container Management. 25 July. 3 minute read.

The BoxTech Global Container Database, operated by the BIC (Bureau International des Containers) has a new member – Hyundai Merchant Marine (HMM) – that will help make available in total the details of more than 11m units to the registered users. HMM, the world’s 12th largest carrier has joined Maersk and MSC, which have already uploaded details of their container fleets to the database.
Read More


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